Now to trade this we will have to have a system which can scan in real time and send orders. Or use basket trader. Only issue is we don't know where the stock opens and one of the criterio is make sure stock doesn't open down from prev close.

I am using this filter to narrow down how many potential candidate we have. In todays filter we have around 111 candidate
So if any of them goes below 1 atr we buy and close it at end of day. Not sure how we automate it.
May be enter 3 basket order with OCA rule.
So still question remains how i make sure that it does not pick up stock which opens below yesterday's close in other word
any stock moving down on earning news should not be picked up.

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.